T3 Defense (DFNS) Operating Expenses (2020 - 2026)

T3 Defense (DFNS) posted quarterly Operating Expenses of $4.2 million for Q1 2026, up 177.5% year-over-year from $1.5 million in Q1 2025, and up 298.93% on a QoQ basis from $1.0 million in Q2 2025.

T3 Defense (DFNS) Operating Expenses (2020 - 2026) Analysis & Trends

T3 Defense (DFNS) has reported Operating Expenses for 7 consecutive years, with $4.2 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses rose 177.5% year-over-year to $4.2 million; the TTM figure through Mar 2026 stood at $5.2 million (up 40.41% YoY), while the FY2025 annual figure was $32.6 million, up 620.44% from the prior year.
  • Operating Expenses came in at $4.2 million for Q1 2026 at T3 Defense, up from $1.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $9.4 million in Q4 2023, with the low at $116668.0 in Q3 2023.
  • Average Operating Expenses over 5 years is $1.8 million, with a median of $1.1 million recorded in 2023.
  • Across the five-year window, Operating Expenses plunged 75.74% in 2023 and soared 918.86% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $1.1 million in 2022, then surged by 769.61% to $9.4 million in 2023, then plunged by 87.36% to $1.2 million in 2024, then decreased by 11.81% to $1.0 million in 2025, then surged by 298.93% to $4.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $4.2 million, $1.0 million, and $1.5 million for Q1 2026, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.10 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 19.59 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 12.06 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 120.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 273.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 8.89 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 132.46 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 750.00 Mn
10 T3 Defense - - 371,000.00 4.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.18 Mn
Jun 30, 2025 1.05 Mn
Mar 31, 2025 1.51 Mn
Sep 30, 2024 1.19 Mn
Jun 30, 2024 1.03 Mn
Mar 31, 2024 2.09 Mn
Dec 31, 2023 9.41 Mn
Sep 30, 2023 116,668.00
Jun 30, 2023 1.05 Mn
Mar 31, 2023 954,326.00
Dec 31, 2022 1.08 Mn
Sep 30, 2022 480,867.00
Jun 30, 2022 144,590.00
Mar 31, 2022 469,271.00
Sep 30, 2021 153,337.00
Jun 30, 2021 28,567.00
Mar 31, 2021 78,411.00
Dec 31, 2020 100,584.00
Sep 30, 2020 47,262.00
Jun 30, 2020 40.00